•IHRM involves the employment of the right people
at the right job at right time, irrespective of geographic locations.
•It
requires the development of a long-term HR plan to make sure of effective alignment of
HR strategies with corporate objectives.
•It requires the development of a diversified
range of skills for employees, especially for those who need to work beyond
national boundaries.
•It
necessitates the determination of compensation for parent, host & third-country nationals based on country-specific factors.
• It
creates centralized reporting relationships around the world for a faster
information system.